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Zhongjie Automotive: Joint Venture to Establish Suzhou Yingxue Heat Exchange System Co., Ltd.
Zhongjie Automotive announces that the company has jointly established a joint venture with Yingxue Automotive Technology (Changshu) Co., Ltd. and Qian Hao to form Suzhou Yingxue Heat Exchange System Co., Ltd. The company contributed 7 million yuan, accounting for 70%; Yingxue Automotive contributed 2 million yuan, accounting for 20%; and Qian Hao contributed 1 million yuan, accounting for 10%. The registered capital is 10 million yuan. The legal representative is Qian Hao. The company was established on February 12, 2026, with its registered address at No. 1 Lian Tang Road North, Shanghu Town, Changshu City, Suzhou, Jiangsu Province. The scope of business includes manufacturing of refrigeration and air conditioning equipment, automotive parts and accessories, among others.